International records / OpenAlex research

The Impact of Macroeconomic Variables on Real GDP, Per Capita GDP, and GDP Growth Rate in Nigeria: An ARDL Model Approach

The existing literature on the impact of macroeconomic variables on economic growth in Nigeria has primarily focused on a single dependent variable, such as real GDP.This narrow focus overlooks the potential relationships between macroeconomic variables and other important indicators of economic growth, such as per capita GDP and GDP growth rate.This study addresses this knowledge gap by examining the impact of macroeconomic variables on three dependent variables: real GDP, per capita GDP, and GDP growth rate using the Autoregressive Distributed Lag (ARDL) model.The study reveals that exchange…